Husband Acquiring Property in Name of Wife does not Necessarily Imply Benami Transaction: Calcutta HC [Read Order]

Husband – Acquiring - Property - Name – of – Wife – Necessarily - Imply – Benami – Transaction - Calcutta – HC – TAXSCAN

In a recent decision the Calcutta High Court observed that the husband acquiring property in the name of wife does not necessarily imply Benami transaction. The factual matrix of the present case is that, the respondent-mother, Lila Roy purchased the suit property from her ‘stridhan’ property and later became the absolute owner of the suit…

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